An owner of a home is willing to sell their home for $250,000.
The owner is willing to finance the entire amount over 20 years. You
believe the house is worth a lot less than $250,000. How can you get the
price of the house down and have the owner still have the face amount of
the contract at $250,000.

You can pay him over a longer periode of time. Off course if he is aware of inflation he will not fall for it.

:m:

if there is no interest on the loan you have to do an analysis. What does the assessor say it's worth? If I'm not mistaken, 250,000 is about the cost of a 100,000 loan over 30 years. You need more numbers before knowing where the break points are. At minimum you need what you can afford / mo.. the interest you'd pay on an alternative loan for 20 years and how much the house is worth.